Homeserve plc (HSV) Given Average Recommendation of “Hold” by Brokerages
Homeserve plc (LON:HSV) has earned an average recommendation of “Hold” from the eight brokerages that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 725.38 ($9.45).
Several research firms have recently commented on HSV. UBS AG lifted their price target on shares of Homeserve plc from GBX 630 ($8.21) to GBX 690 ($8.99) and gave the company a “neutral” rating in a report on Wednesday, May 24th. J P Morgan Chase & Co reaffirmed a “neutral” rating and issued a GBX 650 ($8.47) price target on shares of Homeserve plc in a report on Monday, July 24th. Peel Hunt reaffirmed an “add” rating and issued a GBX 750 ($9.77) price target on shares of Homeserve plc in a report on Friday, July 21st. Jefferies Group LLC lifted their price target on shares of Homeserve plc from GBX 460 ($5.99) to GBX 500 ($6.51) and gave the company an “underperform” rating in a report on Wednesday, May 24th. Finally, Royal Bank Of Canada lowered shares of Homeserve plc to a “sector performer” rating and lifted their price target for the company from GBX 710 ($9.25) to GBX 750 ($9.77) in a report on Wednesday, May 24th.
Shares of Homeserve plc (HSV) remained flat at GBX 722.50 during midday trading on Friday. 155,927 shares of the stock traded hands. The company’s market capitalization is GBX 2.24 billion. The stock has a 50-day moving average price of GBX 736.28 and a 200-day moving average price of GBX 656.09. Homeserve plc has a one year low of GBX 504.50 and a one year high of GBX 803.00.
The company also recently disclosed a dividend, which will be paid on Thursday, August 3rd. Investors of record on Thursday, July 6th will be given a GBX 11.20 ($0.15) dividend. The ex-dividend date of this dividend is Thursday, July 6th. This is an increase from Homeserve plc’s previous dividend of $4.10. This represents a yield of 1.44%.
In related news, insider Johnathan Ford sold 260,190 shares of Homeserve plc stock in a transaction dated Wednesday, June 28th. The shares were sold at an average price of GBX 747 ($9.73), for a total value of £1,943,619.30 ($2,532,073.08). Over the last quarter, insiders purchased 61 shares of company stock worth $44,821.
Homeserve plc Company Profile
HomeServe plc is a United Kingdom-based company, which is engaged in providing home emergency, repair and heating installation services. The Company’s segments include UK, USA, France, Spain and New Markets. The Company designs a range of water, heating and electrical related home assistance products.
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